Examples of Aggregate Credit Exposures in a sentence
Subject to the terms and conditions set forth herein, each Lender agrees to make Loans to the Borrowers from time to time during the Availability Period in an aggregate principal amount that will not result in (i) such Lender’s Revolving Credit Exposure exceeding such Lender’s Commitment or (ii) the Aggregate Credit Exposures exceeding the Total Commitment.
Subject to the terms and conditions set forth herein, each Lender agrees to make Term Loans to the Borrowers on the Effective Date in an aggregate principal amount that will not result in (i) such Lender’s Credit Exposure exceeding such Lender’s Term Loan Commitment or (ii) the sum of the Aggregate Credit Exposures exceeding the Term Loan Commitment.
At the time of and immediately after giving effect to such Borrowing or the issuance, amendment, renewal or extension of such Letter of Credit, as applicable, the Aggregate Credit Exposures of the Lenders shall not exceed the lesser of (i) the Total Commitment or (ii) the Borrowing Base then in effect.
Subject to the terms and conditions set forth herein, each Lender agrees to make Loans to the Borrowers from time to time during the Availability Period in an aggregate principal amount that will not result in (i) such Lxxxxx’s Revolving Credit Exposure exceeding such Lxxxxx’s Commitment or (ii) the Aggregate Credit Exposures exceeding the Total Commitment.
Pursuant to Section 9.02 (Waiver; Amendments) of the Agreement, the Agreement may be modified as provided in this Amendment with the agreement of the Required Lenders which means Lenders having Credit Exposures and unused Commitments representing more than 50% of the Aggregate Credit Exposures and unused Commitments (such percentage applicable to a Lender, herein such Lender's "Required Lender Percentage").